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future of the currency union now earlier i discussed this issue with the chief economist of saxo bank steve jacobsen he was pretty pessimistic to say. we are getting to a point where things are so bad that it can actually not get much worse i used to be. know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want to have a mandate for change because we need a mandate for change and the fact the core europe as i just looted to is now in the same boat means that there is a more off of will and i see we've seen that this week through the increase in social tension of course through the demonstration but also from the mere fact that northern europe now seems able to and willing to accept some sort of a have caught on on greece if you were the one person to make all the necessary decisions in europe what would you do i would wish that all the politicians and the central banks would go away for two three years and
future of the currency union now earlier i discussed this issue with the chief economist of saxo bank steve jacobsen he was pretty pessimistic to say. we are getting to a point where things are so bad that it can actually not get much worse i used to be. know the doom and gloom of europe and the lack of outlook now i think that we are in a crisis point and when you move to a crisis mode you have to remember we become far more able to to create a mandate for change because not because of we want...
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s flagship current affairs program news night and only all of it was this steve messam showing the first graph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all and that haven't been enough in itself of of the jimmy savile scandal again newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile that program was spiked by b.b.c. leadership they were ordered to drop it at least in part because other parts of the b.b.c. were preparing a programme that said how wonderful jimmy savile was can of course it's not just news that the b.b.c. does they do a range of programs nature documentaries it's. so it has been a much loved it loved institution and people hope i think that this change of management will will make that be so again let's have a listen to what they say i still follow b.b.c. news and business and yeah i still just as easy said we wouldn't deter me from using b.b.c. is an easy thing you see a g.p. i mean it's something that reall
s flagship current affairs program news night and only all of it was this steve messam showing the first graph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all and that haven't been enough in itself of of the jimmy savile scandal again newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile that program was spiked by b.b.c. leadership...
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that money will be paid by the taxpayer just the latest thing is these allegations by a man called steve meston who said that he was repeatedly sexually abused as a child by a senior politician that was reported on the b.b.c.'s flagship current affairs program news night which led to a former conservative party treasurer being named a man called lord mcalpine and only after that was this steve mess and showing a photograph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all and that haven't been enough in itself or of the jimmy savile scandal again newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile at that program though it was spiked by b.b.c. leadership they were ordered to drop it at least in part because other parts of the b.b.c. were preparing a programme that said how wonderful jimmy savile was praising him in his lifelong charity work and of course it's not just news that the b.b.c. does they do a range of programs nature
that money will be paid by the taxpayer just the latest thing is these allegations by a man called steve meston who said that he was repeatedly sexually abused as a child by a senior politician that was reported on the b.b.c.'s flagship current affairs program news night which led to a former conservative party treasurer being named a man called lord mcalpine and only after that was this steve mess and showing a photograph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it...
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s flagship current affairs program news night and although it didn't name the person that steve messam was accusing the program did give rise. a frenzy of speculation all over twitter and other social networking sites which led to a former conservative policy treasurer being named lord mcalpine was eventually named on social networking sites and then went public to defend himself he said he'd never done this he very quickly denied the accusations he started to sue anyone and everyone and only was this steve messam showing a photograph of lord mcalpine and he said oh no actually i'm sorry i was mistaken it wasn't him after all so that was a really short piece of investigative journalism that comes in the wake of that haven't been enough in itself of the jimmy savile scandal again that newsnight had done an investigation into jimmy savile who was a much loved children's entertainer back when i was growing up which essentially exposed him as a paedophile and there have been again wave after wave of allegations people coming forward saying yes jimmy savile did abuse me that program was spi
s flagship current affairs program news night and although it didn't name the person that steve messam was accusing the program did give rise. a frenzy of speculation all over twitter and other social networking sites which led to a former conservative policy treasurer being named lord mcalpine was eventually named on social networking sites and then went public to defend himself he said he'd never done this he very quickly denied the accusations he started to sue anyone and everyone and only...
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last year alone some one hundred fifty thousand cases and emigrated a the steves and now some five million brits live abroad and don't blame the unpredictable weather or the local cuisine experts now say that it's the high rates of taxation and the cost of living that could drive even more brits to move abroad people with the motor of the economy are people with a lot of property of approach with an education perhaps with ambition as well we need to keep them in the country you have to face a life of living in london on a very small gross wage maybe even smaller by taxation to a network. which we fail as a country and perhaps some sort of system of graduated tax allowances might help us cope perhaps most alarming for the politicians who office findings that the majority of the people outside the think you take rat race do so out of an overall lifestyle choice signalling and discontent with living standards here in britain that's not the answer. we government is hoping for the consider moving abroad to avoid. slacking off and taking things from people that owning a little bit more even thou
last year alone some one hundred fifty thousand cases and emigrated a the steves and now some five million brits live abroad and don't blame the unpredictable weather or the local cuisine experts now say that it's the high rates of taxation and the cost of living that could drive even more brits to move abroad people with the motor of the economy are people with a lot of property of approach with an education perhaps with ambition as well we need to keep them in the country you have to face a...
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about debt forgiveness that goes on we talk about it on our show all of the time with economists like steve keen and people call for debt you believe but you don't see government. doing not and in fact bankruptcy laws have been made tougher over the years in the united states because bankruptcy you could argue is depor goodness and that's how people go about absolving themselves at their of their debt a great consequence obviously because bankruptcy is horrible for your credit but but it is the way to do it but that's been made tougher and tougher and tougher so here is a debt jubilee scenario it's brought on by the public sector they are beating wall street at their own game if this works out and i love it absolutely and you know we were doing research about this program and we took a look at the web site the rolling jubilee website and they have on their some pretty staggering statistics more than seventy seven percent of american households are actually in debt more than half of bankruptcies about sixty two percent are caused by medical illness and to wish and debt these student loans sk
about debt forgiveness that goes on we talk about it on our show all of the time with economists like steve keen and people call for debt you believe but you don't see government. doing not and in fact bankruptcy laws have been made tougher over the years in the united states because bankruptcy you could argue is depor goodness and that's how people go about absolving themselves at their of their debt a great consequence obviously because bankruptcy is horrible for your credit but but it is the...
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song from steve. santagati dot com. this is all too long from moscow with me rory sushi the escalating conflict between israel and gaza ongoing violence in syria and crucial energy ties they're all among the main issues for discussion by german chancellor angela merkel on her visit to moscow to meet president putin. has details. to meet with the russian president on friday the two are expected to discuss international issues like the crisis in the middle east the iranian nuclear program and of course the conflict in syria. energy entry important part of the relationship between russia and germany are going to be talked about as well to leaders are also expected to discuss the human rights situation in several wars which have been recently and which some members of the german. democratic in fact even gave. of questions which is expected to. the russian president heard from. the russian leader is prepared to answer all of them. in return for you things to talk about and of course i'll bring you all the details of this mee
song from steve. santagati dot com. this is all too long from moscow with me rory sushi the escalating conflict between israel and gaza ongoing violence in syria and crucial energy ties they're all among the main issues for discussion by german chancellor angela merkel on her visit to moscow to meet president putin. has details. to meet with the russian president on friday the two are expected to discuss international issues like the crisis in the middle east the iranian nuclear program and of...
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making payments on time that's all according to data from trans union doesn't sound great economist steve keen is here in studio to talk all things debt deflation and it is the business story that really hit home making the local news circuit in a town near you take a look. pies snowball cupcakes all of them will vanish. oh and twinkies to that list of course that's maker hostess brands made no wonder negotiations are going on it turns out twinkies will likely survive not only the zombie apocalypse but also this latest dispute what does that mean for the cottage industry of sellers hawking the snack on line we'll discuss let's get to today's capital account. all right as i said half of the nation's forty biggest publicly traded corporate spenders have announced plans to reduce capital expenditures this year or next according to a review by the wall street journal their filings and their conference calls meanwhile we're talking about consumers americans cranked up their use of credit cards in the third quarter which was july to september racking up more debt than a year ago but also being
making payments on time that's all according to data from trans union doesn't sound great economist steve keen is here in studio to talk all things debt deflation and it is the business story that really hit home making the local news circuit in a town near you take a look. pies snowball cupcakes all of them will vanish. oh and twinkies to that list of course that's maker hostess brands made no wonder negotiations are going on it turns out twinkies will likely survive not only the zombie...
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industry makes up roughly ten percent of the economy so now remember max over the years we've interviewed steve keen and he in particular talks about how much the financial sector should make up of your g.d.p. of your economy and that is four percent after that it becomes unstable so is this a bad thing that you know we're losing bankers so we have at least one hundred and sixty thousand more to go.
industry makes up roughly ten percent of the economy so now remember max over the years we've interviewed steve keen and he in particular talks about how much the financial sector should make up of your g.d.p. of your economy and that is four percent after that it becomes unstable so is this a bad thing that you know we're losing bankers so we have at least one hundred and sixty thousand more to go.